Friday, January 17, 2014

Industrial Production: December 2013

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing an increase in December with total industrial production climbing 0.31% since November and rising 3.68% above the level seen in December 2012.

Capacity utilization also improved climbing 0.14% from November and rising 1.81% above the level seen in December 2012 to stand at 79.20%

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.


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